Cypherpunk Holdings Inc. Announces Updated Bitcoin Holdings
Cypherpunk or the
Company ) a sector leader for privacy-technology investments is pleased to announce that it has increased its total Bitcoin (BTC) holdings to BTC 291.64. This represents a net increase since September 30, 2020 of 27.9 BTC.
The increase in Bitcoin holdings is a partial use of proceeds from a private placement of $2,980,120 CAD that closed on January 15th, 2021.
During October 2020, Cypherpunk Holdings Inc. was added to the unofficial list of public companies with a treasury position in Bitcoin alongside other companies such as MicroStrategy, Square, and Galaxy Digital Holdings. The website for Bitcoin Treasuries can be found at https://bitcointreasuries.org/
Cypherpunk Holdings Inc. Announces Private Placement
Cypherpunk or the
Company ) is pleased to announce that it intends to complete a non-brokered private placement offering of up to 13,333,333 units (
Units ) of the Company at a price of C$0.15 per Unit (the
Offering ) raising gross proceeds of up to C$2,000,000. Each Unit consists of one common share (a
Common
Share ) of the Company and one half of one common share purchase warrant (a
Warrant ), with each whole Warrant entitling the holder to purchase one Common Share at an exercise price of C$0.25 for a period of 24 months from the date of issuance. The offering is expected to close on January 15, 2021.
Nedostatečná vyměnitelnost a slabá privátnost Bitcoinu je čím dál vážnějším problémem lupa.cz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lupa.cz Daily Mail and Mail on Sunday newspapers.
Cryptocurrency Firms and Legacy Financial Institutions Worldwide Make Crypto Moves
By:
Two cryptocurrency firms filed applications this week with the Office of the Comptroller of the Currency to become federally regulated banks in the U.S. The first, BitPay, a bitcoin payments company, submitted an application for the BitPay National Trust Bank, to be headquartered in Georgia. The second application was submitted by Paxos, a stablecoin issuer and cryptocurrency services firm, for the Paxos National Trust. As a next step in the process, each application will undergo a 30-day comment period.
In the U.K., two major financial services providers have announced plans to launch an institutional-grade custody solution for cryptocurrencies, called Zodia Custody. According to a press release, Zodia would allow institutions to invest in cryptocurrency assets, including transaction and settlement activities.
Bitcoin (BTC) Price Prediction – December 10, 2020
On December 9, BTC dropped to $17,890 low because of its inability to break the $19,740 to $20,000 resistance zones. The bulls have bought the dips as the price reached a high of $18,600. BTC/USD is facing an initial resistance in its upward move.
Resistance Levels: $13,000, $14,000, $15,000
Support Levels: $7,000, $6,000, $5,000
BTC/USD – Daily Chart
The recent breakdown was anticipated to reach a low of $16,000. However, Bitcoin bulls made a quick recovery as the bulls buy the dips to push the crypto to $18,600. From the price action, BTC is going to retest the $19,500 resistance zone. The previous price action is likely to be repeated. Buyers may attempt to push BTC above the $19,600 and $19,740 resistance zones.